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MagicBricks Salaries in Mumbai (Updated 2025)

based on 341 latest salaries
Explore Salaries by Departments
Sales & Business Development Marketing & Communication Human Resources Finance & Accounting + 3 more
Designation Avg Annual Salary Open Jobs
1 - 9 years exp. · Mumbai (48 salaries)
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₹4 L/yr - ₹8.6 L/yr

5 - 15 years exp. · Mumbai (35 salaries)
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₹7.9 L/yr - ₹16 L/yr

2 - 8 years exp. · Mumbai (19 salaries)
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₹4.3 L/yr - ₹4.3 L/yr

1 - 9 years exp. · Mumbai (13 salaries)
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₹3.7 L/yr - ₹8.5 L/yr

Starting your career? Discover MagicBricks fresher salaries in India
3 - 11 years exp. · Mumbai (10 salaries)
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₹5.4 L/yr - ₹8 L/yr

4 - 8 years exp. · Mumbai (10 salaries)
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₹5.5 L/yr - ₹8.3 L/yr

9 - 15 years exp. · Mumbai (9 salaries)
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₹14 L/yr - ₹22 L/yr

3 job openings
3 - 10 years exp. · Mumbai (8 salaries)
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₹6 L/yr - ₹8 L/yr

5 job openings
13 - 15 years exp. · Mumbai (6 salaries)
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₹15.7 L/yr - ₹25 L/yr

5 job openings
6 - 10 years exp. · Mumbai (6 salaries)
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₹4.1 L/yr - ₹11.3 L/yr

1 - 5 years exp. · Mumbai (6 salaries)
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₹4 L/yr - ₹6.5 L/yr

11 - 13 years exp. · Mumbai (5 salaries)
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₹9.8 L/yr - ₹15.7 L/yr

5 - 9 years exp. · Mumbai (5 salaries)
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₹7.1 L/yr - ₹8.5 L/yr

11 - 21 years exp. · Mumbai (5 salaries)
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₹20 L/yr - ₹48 L/yr

4 - 8 years exp. · Mumbai (4 salaries)
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₹6.8 L/yr - ₹8.3 L/yr

11 - 12 years exp. · Mumbai (4 salaries)
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₹14 L/yr - ₹16 L/yr

12 - 14 years exp. · Mumbai (4 salaries)
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₹30 L/yr - ₹43 L/yr

3 job openings
2 - 4 years exp. · Mumbai (4 salaries)
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₹1.7 L/yr - ₹3.3 L/yr

3 - 7 years exp. · Mumbai (4 salaries)
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₹7.7 L/yr - ₹12 L/yr

8 - 10 years exp. · Mumbai (3 salaries)
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₹3.6 L/yr - ₹4.6 L/yr

Last Updated: 8 Mar, 2025

Salary related reviews for MagicBricks

4.1

Rated by 46 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 07 Jun 2022

5.0
 for  Salary and Benefits

Likes

Salary on time and other benefits like medical.

  • Salary - Excellent

Dislikes

There is nothing to learn here. If you're looking out for corporate experience then this organization is not for you. Saturday and Sunday are weekly off but they will make you come on Saturday and make you work, HR also knows about it but they are completely fine. Highly not recommended.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 28 May 2020

1.0
 for  Salary and Benefits

Likes

Magicbricks first done Salary cut from April few days after lockdown & after few days on 4th May done layoffs sacked in one day around 150 employees only from sales.

read more

Dislikes

Magicbricks immediately after lockdown done salary cut after few days layoffs

read more
  • Salary - Bad
  • +6 more

Other Department

4.0
  •  posted on 22 Mar 2021

3.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good but needs change, appraisals are fair and they give good salary hike.

read more
  • Job security - Excellent
  • +4 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

read more

Sales Department

5.0
  •  posted on 07 May 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Full Time

 · 

Legal & Regulatory Department

1.0
  •  posted on 14 Feb 2025

1.0
 for  Salary and Benefits

Likes

Great infrastructure.

Dislikes

...ers are underpaid (only 8-10k) while being made to handle significant workloads. The compensation offered to freshers is shockingly low, making it an unattractive place for young professionals seeking fair pay and career growth. 3. Favoritism & Referral Bias: There is a clear bias towards existing employees. Since the company provides monetary incentives for employee referrals, current employees primarily refer their close ones rather than qualified candidates. This has resulted in a toxic work culture where deserving candidates are overlooked in favor of personal connections. 4. Questionable Leadership in the Legal Department: The Head Legal is on a contract but does not contribute effectively. Attendance is irregular, and even when present, personal work seems to take priority over company responsibilities . Additionally, the hiring of the Assistant Legal Manager raises serious concerns about favoritism and ethical standards. 5. Nepotism & Unethical Practices: The appointment of the Assistant Manager Legal appears to be a case of blatant nepotism. It might be possible that the Head Legal received financial benefits in exchange for recommending the candidate. This raises serious ethical concerns and questions the integrity of the hiring process. Such careless hiring has negatively impacted the efficiency and credibility of the legal department. FINAL VERDICT: This company prioritizes favoritism, internal politics, and personal gains over talent and merit. Freshers should be cautious before joining, as they are likely to be exploited with low pay and contractual roles. The legal department, in particular, suffers from poor leadership, unethical hiring, and inefficiency. A serious overhaul of the hiring process and leadership accountability is necessary for the company to improve its work culture. WOULD NOT RECOMMEND TO FRESHERS OR PROFESSIONALS LOOKING FOR FAIR CAREER OPPROTUNITIES.

read more
  • Salary - Bad
  • +6 more
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MagicBricks Salary FAQs

How much does MagicBricks pay per year?
The average MagicBricks salary ranges from approximately ₹1.7 Lakh to ₹2.5 Lakhs per year for a Help Desk Executive and ₹80 Lakhs to ₹1.1 Crore per year for a Head of Product. Salary estimates are based on 341 MagicBricks salaries received from various employees of MagicBricks. MagicBricks employees rate the overall salary and benefits package 4.1/5 stars.
What is the highest salary in MagicBricks?
The highest-paying job at MagicBricks is a Head of Product with a salary of ₹80 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹22.15 lakhs per year. The top 1% earn more than a whopping ₹65 lakhs per year.
What is the minimum salary in MagicBricks?
Minimum salary at MagicBricks depends on the role you are applying for. For Sales Executive the minimum salary is ₹2 Lakhs to ₹5.5 Lakhs per year, and for Relationship Manager the minimum salary is ₹1.7 Lakh to ₹5.2 Lakhs per year and so on.
What is the salary package for freshers in MagicBricks?
The average salary at MagicBricks for freshers varies from ₹2.2 Lakhs to ₹2.7 Lakhs per year for Field Sales Executive and ₹7.5 Lakhs to ₹14 Lakhs per year for Software Engineer.
What is the notice period at MagicBricks in Mumbai?
According to AmbitionBox, 56% of the MagicBricks employees in Mumbai reported a notice period of 1 Month, 27% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 142 responses on AmbitionBox in last 2 years.

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Average annual salary in MagicBricks , Mumbai is INRunlock blur . Salary estimates are based on 341 MagicBricks latest salaries received from various employees of MagicBricks.

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